Floor Broker Salary in Rhode Island
Floor Broker Salary in Rhode Island
How much does a Floor Broker make in Rhode Island? The average Floor Broker salary in Rhode Island is $183,712 as of March 26, 2024, but the range typically falls between $139,084 and $214,771. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Floor Broker Salary | $98,453 | RI | March 26, 2024 |
| 25th Percentile Floor Broker Salary | $139,084 | RI | March 26, 2024 |
| 50th Percentile Floor Broker Salary | $183,712 | RI | March 26, 2024 |
| 75th Percentile Floor Broker Salary | $214,771 | RI | March 26, 2024 |
| 90th Percentile Floor Broker Salary | $243,048 | RI | March 26, 2024 |
Sirius JB, Inc. - Amana, IA
Alans Jewelry & Pawn Inc - Asheville, NC
Highwoods Properties - Atlanta, GA
Century Complete - Atlanta, GA
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What skills does a Floor Broker need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Communication Skills: Communication skills are your ability to share or understand information, ideas, and feelings successfully.
Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.
Diversity and Inclusion: Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
Job Description for Floor Broker
Floor Broker receives buy and sell orders from clients or company executives and completes these orders on the securities trading floor. Evaluates market volatility and ensures clients receive the best rate available. Being a Floor Broker requires a bachelor's degree in area of specialty and may require state licensure. Typically reports to a supervisor or manager. To be a Floor Broker typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Coventry, RI | Avg. Salary $184,240 | Date Updated March 26, 2024 |
| Location Cumberland, RI | Avg. Salary $184,592 | Date Updated March 26, 2024 |
| Location East Providence, RI | Avg. Salary $184,592 | Date Updated March 26, 2024 |
| Location Narragansett, RI | Avg. Salary $185,647 | Date Updated March 26, 2024 |
| Location Tiverton, RI | Avg. Salary $186,175 | Date Updated March 26, 2024 |
| Location Westerly, RI | Avg. Salary $187,231 | Date Updated March 26, 2024 |
| Location Woonsocket, RI | Avg. Salary $184,416 | Date Updated March 26, 2024 |
| Location Adamsville, RI | Avg. Salary $186,175 | Date Updated March 26, 2024 |
| Location Albion, RI | Avg. Salary $184,592 | Date Updated March 26, 2024 |
| Location Ashaway, RI | Avg. Salary $187,583 | Date Updated March 26, 2024 |
Career Path for Floor Broker
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Floor Broker, the first career path typically starts with a Stock Loan Manager I position, and then Stock Loan Manager II.
The second career path typically progresses to Floor Operations Manager.
The third career path typically starts with a Foreign Exchange Manager position, and then progresses to Top Foreign Exchange Executive.
Additionally, the fourth career path typically progresses to Margin Department Supervisor.
What does a Floor Broker do?
Are you an HR manager or compensation specialist?
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About Rhode Island
Similar Jobs to Floor Broker
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Floor Operations Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Insurance Broker | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Insurance Broker Trainee | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Level of Education for Floor Broker
Jobs with different levels of education may pay very differently. Check the Floor Broker salary of your education level.
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A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Floor Broker salary varies from category to category. Click below to see Floor Broker salary in different categories.
About Rhode Island Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United....More
Skills associated with Floor Broker: Customer Service, Securities Laws and Regulations, Brokerage Trading Software, Order Processing ...More
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